1517 Empire Blvd, Webster, NY 14580-2103
This 8,000-square-foot restaurant in Webster, NY, presents a unique owner-user opportunity. Located at 1517 Empire Blvd, this Class B property sits on a 2.3-acre lot with ample parking (50 spaces) and is zoned for limited business use. Built in 1980 and renovated five years ago, the single-story building boasts a large main dining area with a capacity of 145, a stage for live music, a dance floor, and a substantial bar area (36' x 88', seating 20). Two additional front rooms, each with a 45-person capacity, offer flexibility for expansion or separate leasing. The property includes a full, equipped kitchen, two walk-in coolers, and a spacious, 13-course-high basement ideal for storage. Three furnaces and three air conditioning compressors ensure climate control. The building features 400 amps of electric service with multiple sub-panels. The sale includes most furniture, fixtures, and equipment (FF&E), with a few exceptions. The current tenant is relocating by December 30, 2023, making this a turnkey operation ready for immediate occupancy on November 29, 2023. Two outdoor patios and ample green space provide additional seating and event possibilities. Owner financing is available with an acceptable down payment. The asking price is $1,400,000 ($175/sq ft).
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Capone's Bar & Italian Eatery Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
LB · Webster, NYWebster. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.